In a clear move that should put investors at ease, India’s securities regulator SEBI has clarified the status of “digital gold.” The Board confirmed that digital‑gold products sold online are not securities or commodity derivatives – they are simply a way to buy and store physical 24‑karat gold through app‑based platforms.
Digital gold works the same way as buying a gold coin or jewellery today, except the purchase happens on mobile apps like PhonePe, Paytm, Google Pay, Amazon and others. Each gram you add is backed by an equal amount of real gold, which sits in secure, bank‑grade vaults and is fully insured. The gold is physically recorded in your name and can be verified by a third‑party audit every day.
Major players behind the app sales, such as MMTC‑PAMP and SafeGold, hold licensed bullion‑trading credentials and work with major vault providers. MMTC‑PAMP is even accredited by the London Bullion Market Association. This means every gram you buy is genuine, insured, and redeemable whenever you choose.
The SEBI advisory comes as digital gold has become a popular savings tool, especially among younger Indians. The online format cuts out storage hassles and low‑minimum purchases, making it easier for 18‑to‑35‑year‑olds to start saving small amounts consistently. Investors can check their balances from a UPI‑style app, transfer the value to their bank, have the gold shipped, or convert it into jewellery.
In short, digital gold is a modern mechanism for buying and holding real gold. The regulatory clarity from SEBI reinforces that there is no hidden investment risk: you own a tangible asset that is stored securely, insured, and backed by a rigorous audit process.
For anyone looking to build a safe, frictionless savings plan, digital gold offers a clear, physically‑backed alternative to market‑linked products like gold ETFs. With SEBI’s confirmation, investors can feel confident that their digital gold remains a trusted, legitimate form of physical wealth.
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